Plan Snapshot
- Plan Sponsor: Butler America Aerospace LLC
- Sponsor EIN: 371831396
- Sponsor Address: 2 TRAP FALLS ROAD, SHELTON, CT, 06484
- Plan Type: 401(k)
- Total Participants: 318
- Total Assets: $11.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 318 | $11.8M | $1 | $1.9M |
| 2023 | 378 | $10.9M | $185,846 | $1.8M |
| 2022 | 404 | $8.7M | $0 | $1.7M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| ASCENSUS LLC | NONE | $82,849 | $2 | $82,851 |
| PLAN MEMBER SECURITIES CORP | NONE | $32,586 | — | $32,586 |
| MMA SECURITIES, LLC | NONE | $15,962 | — | $15,962 |
| CLIFTONLARSONALLEN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTONLARSONALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $131,399
- Estimated Expense Ratio: 1.115% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $131,396 | $48,547 | $82,849 | — | — |
| 2023 | $116,723 | $51,044 | $65,679 | — | — |
| 2022 | $129,203 | $53,782 | $75,421 | — | — |